Prime 2014 Year End Shareholder Letter

Thu, Oct 19 2023

Written by Ben Shaw

Dear Prime Friends and Investors,

Summary

As you can see from our PDF, Prime just finished our first year in which we had negative performance. The long side of the book on a levered basis was down -1.86%, and on an unlevered basis was actually up 0.56%. Our Traditional Long/Short product was down -7.33%, while our Ultra Hedged Unlevered portfolio (90 gross) was down -4.04%